El Español – 5/6/2019

This Spanish fintech investigates AI applied to wealth management for the EU
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This Spanish fintech investigates AI applied to wealth management for the EU

Together with a Polish firm and two universities, he works to optimize the automation of investment portfolios.

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Photograph of Jordi Mercader, CEO of inbestMe, who heads the news of El Español on June 9, 2019

Outstanding

The Spanish inbestMe robo advisor (automated assistant) has been selected by the European Eurostars program for the research, development and application of solutions based on artificial intelligence (AI), machine learning and big data in the automated management of investment portfolios.

The company's CTO, Ferad Zyulkyarov, stresses that “automation should not be confused with artificial intelligence. As AI has become fashionable, the use of these two words to refer to automation has often been trivialized. The automation that we have implemented so far already implies great advances to achieve an agile, robust, fast and efficient process”.

“Once the efficiency of automation has been demonstrated due to the cost savings and increased efficiency that it entails, it is easy to imagine the great advance that applying artificial intelligence can represent”, adds Zyulkyarov.

Results obtained

With this news, inbestMe informed the public of El Español about its investigations during 2019 on artificial intelligence. Thank you very much for the publication!

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Research in AI (Artificial Intelligence)

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